Deals Counterparts

Energías Renovables SAAS to invest $45 million in 70 MW solar project in Yucatán, Mexico

Investment Solar announced Peto, Mexico Mar 2, 2026
USD45M
Deal Value
70 MW
Capacity
development
Stage
Parque Fotovoltaico Energías Renovables SAAS
Project

Mexico's Semarnat approved the environmental impact statement for the 70 MW Parque Fotovoltaico Energías Renovables SAAS project in Peto, Yucatán, which is expected to involve an investment of $45 million by Energías Renovables SAAS.

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Deal Analysis

Energías Renovables SAAS has announced a $45 million investment in a 70 MW solar project located in Peto, Yucatán, Mexico. This investment follows the recent approval of the environmental impact statement for the Parque Fotovoltaico Energías Renovables SAAS project by Mexico's Semarnat. The deal, currently in an announced status, represents a significant step from regulatory clearance to a confirmed financial commitment, underscoring the developer's intent to advance renewable energy infrastructure in the region. The project's 70 MW capacity for a $45 million investment suggests a competitive cost per megawatt, indicative of the increasing efficiency in solar project development. As a single-developer investment, it highlights Energías Renovables SAAS's commitment and capability within the Mexican solar market. This development contributes to the ongoing growth of the solar sector in Mexico, a country with significant solar potential, and underscores continued private sector interest in renewable energy infrastructure.
  • $45 million investment in a 70 MW solar project
  • Environmental impact statement approved by Mexico's Semarnat
  • Located in Yucatán, Mexico
  • Energías Renovables SAAS as the sole developer

Source Intelligence

KEY DETAILS

The environmental impact statement (MIA Regional) for the project was approved by Semarnat. The MIA was submitted in November 2022. The plant will occupy a surface area of just over 136 hectares and will include 128,464 photovoltaic modules of 545 Wp each, 338 inverters of 175 kWac, and approximately 1,530 solar trackers. The installed capacity in alternating current will be 59.15 MWac at the inverter level, equivalent to 56 MWac at the interconnection point. The project will connect to the National Electric System at 115 kV, involving a 34.5 kV collector system, a 115 kV booster substation, and a transmission line, plus adjustments at CFE's Kambul substation. The project timeline includes two years for site preparation, two years for construction, 50 years of operation and maintenance, and two additional years for eventual abandonment. The promoter will allocate approximately 1,000,000 pesos annually for environmental prevention, mitigation, and compensation measures during the project's useful life. Quotes: "La Secretaría de Medio Ambiente (Semarnat) aprobó la Manifestación de Impacto Ambiental (MIA) Regional", "ingresada en noviembre de 2022", "ocupará una superficie de poco más de 136 hectáreas", "128,464 módulos fotovoltaicos de 545 Wp cada uno, junto con 338 inversores de 175 kWac y alrededor de 1,530 seguidores solares.", "La capacidad instalada en corriente alterna será de 59.15 MWac a nivel de inversores.", "equivalentes a 56 MWac en el punto de interconexión", "conexión al Sistema Eléctrico Nacional en 115 kV", "sistema colector en 34.5 kV, una subestación elevadora en 115 kV y una línea de transmisión de evacuación en el mismo nivel de tensión, además de adecuaciones en la subestación Kambul de la Comisión Federal de Electricidad.", "se prevén dos años para la preparación del sitio, dos años para la construcción, 50 años de operación y mantenimiento y dos años adicionales para un eventual abandono.", "El promovente destinará alrededor de 1.000.000 de pesos anuales a medidas de prevención, mitigación y compensación ambiental durante la vida útil del proyecto."

Deal Size
prevé una inversión de 45 millones de dólares
Capacity
La central tendrá una capacidad de 70 MWdc
Location
municipio de Peto, en el estado de Yucatán.
Financials
inversión aproximada de 45 millones de dólares
Announcement
marzo 2, 2026
COD
50 años de operación y mantenimiento
PARTIES MENTIONED IN SOURCE
E
Energías Renovables SAAS investor/developer

"Parque Fotovoltaico Energías Renovables SAAS, ingresada en noviembre de 2022, para su desarrollo"

high quality Enriched Mar 3, 2026

Timeline

Announced
Mar 2, 2026
Signed
Closed

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